Tag
AFDB
Nigeria has secured at least $1.25 billion in loans from the World Bank and the African Development Bank (AfDB) to boost electricity supply under the administration of President Bola Tinubu.
The African Development Bank Group (AfDB) has approved a loan of $500 million to the Federal Republic of Nigeria.
The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan to Transnet, South Africa's state-owned freight and logistics company, to support its recovery and growth, focusing on the rail and port sectors.
Customs Directors General from Nigeria, Ghana and three neighbouring African countries have agreed to connect to the ECOWAS electronic Interconnected Transit Goods Management System (SIGMAT), regarding goods transiting the Abidjan-Lagos Corridor.
InfraCredit is pleased to announce the successful completion of a US$15 million subordinated unsecured 10-year facility with the African Development Bank Group (AfDB).
The Africa Debt Managers Initiative Network is to provide tailored and home-grown solutions to the continent's debt challenges.
State governments have raised concerns over the Federal Government's use of foreign loans to fund grants and subsidies for private investors involved in rural electrification programs.
The African Development Bank and technology giant Intel have formalized their cooperation to equip 3 million Africans and 30,000 government officials with AI skills.
The Government of South Korea has pledged a total of $24 billion in development and trade assistance for the benefit of African nations including Nigeria.
When it comes to Nigeria’s multilateral creditors, the African Development Bank (AfDB) stands out as one of the country's largest and most reliable sources of credit.
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that Africa needs $402.2 billion annually by 2030 to fast-track its structural transformation.
The African Development Bank (AfDB) has announced an investment commitment of $2.9 billion to agriculture development in Nigeria and several African countries.